Virus propels Netflix to huge subscriber gains [CNN]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: CNN
'Tiger King,' 'Love is Blind' and coronavirus propel Netflix to huge subscriber gains The company blew by its own subscriber growth expectations on Tuesday when it reported its first-quarter earnings. Netflix ( NFLX ) now has 183 million subscribers globally. The service said it expects to add another 7.5 million subscribers in the second quarter. Netflix's first quarter profit in 2020 more than doubled, to $709 million from $344 million in the year-earlier quarter. Its revenue jumped 28%, to $5.7 billion. Netflix's share price was mostly unchanged in after hours trading. Despite its impressive jump in profits and subscribers, the company's letter to shareholders was somber, focusing on the coronavirus pandemic. "In our 20+ year history, we have never seen a future more uncertain or unsettling," the company said. "At Netflix, we're acutely aware that we are fortunate to have a service that is even more meaningful to people confined at home, and which we can operate remotely with m
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- Cinemas and unions sound alarms over Netflix-Warner Bros. deal [Los Angeles Times (CA)]Los Angeles Times
- I Can't Believe This Addictive Netflix Thriller Is Still Living Rent-Free Inside My Head [CNET News]CNET News
- Netflix–Warner Bros. deal sets pp $72 billion antitrust test [Fortune]Fortune
- Netflix Breaks From 'Build, Not Buy' With Warner Bros. Deal [Yahoo! Finance]Yahoo! Finance
- How Netflix acquiring Warner Bros. could reshape Hollywood [USA TODAY]USA TODAY
NFLX
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NFLX
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- 12/5/25 - Form 8-K/A
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- 12/2/25 - Form 4
- NFLX's page on the SEC website